Where they stand
The Toffees started the campaign with Marco Silva at the helm and the former Watford coach spent heavily to try and take his team to the next level.
Silva slashed out £100million on new players as Djibril Sidibe joined on loan from Monaco, while Fabian Delph, Andre Gomes, Jean-Philippe Gbamin, Moise Kean, Jonas Lossl and Alex Iwobi all signed on a permanent basis.
Despite the new faces, Everton never got going under Silva and the Portuguese coach lost his job on December 6.
Three consecutive losses to Norwich City, Leicester City and Liverpool were the final nails in the coffin and Silva was eventually replaced by Carlo Ancelotti.
The Italian was handed a four-and-half-year contract on December 21, and he has since had a positive impact on the Toffees squad.
Since he took charge, Everton have only lost four matches and look more organised under the three-time Champions League winner.
Ancelotti has yet to put his stamp on the squad and they sit 12th in the table and clear of relegation.
No wins in their last three have seen them drop out of the top 10 and European football may need to wait for the time being.
What's left to play for?
Mathematically, Everton can still qualify for the Europa League this season, but they need results to go their way. Everton are six points behind the top seven, with Sheffield United currently lying in seventh.
Tottenham and Arsenal are ahead of them in the table and they would fancy their own chances of bridging the gap, while Everton would need to improve their form dramatically.
Ancelotti's men have been on the wrong side of some big scorelines this season, but they can also look back on Duncan Ferguson's caretaker spell in charge with fond memories.
The Scot stepped in before Ancelotti's appointment and is now one of his assistants. He led Everton to their best win of the season when they beat Chelsea 3-1 in December. With Chelsea now seemingly on their way to a top-four finish, the result looks an impressive one.
Richarlison opened the scoring inside the first five minutes before Dominic Calvert-Lewin fired home a brace at Goodison Park.
Calvert-Lewin has led by example this season and is enjoying the best season of his young career. The former Sheffield United academy star has 13 goals to his name, three more than Richarlison. At just 23, Calvert-Lewin still has more to learn although he seems to have found a manager that brings the best out of him.